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The Commercial Division of Galactica Company has operating income of $208,000 and assets of $509.000. The minimum acceptable return on assets is 12%. What is

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The Commercial Division of Galactica Company has operating income of $208,000 and assets of $509.000. The minimum acceptable return on assets is 12%. What is the residual income for the division? $146.920 $486,120 $297,300 $248,500

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